Which of the Following Entries Would Appear on the Assets

question 24

Multiple Choice

Which of the following entries would appear on the assets side of a commercial bank's balance sheet?

• A)Government of Canada securities
• B)chequable deposits
• C)Government of Canada deposits
• D)savings deposits
• E)shareholders' equity

---

Definitions:

Equilibrium GDP

The level of Gross Domestic Product at which aggregate supply equals aggregate demand, leading to an economy operating at full capacity without inflationary pressures.

Full Employment GDP

The level of gross domestic product achieved when there is no cyclical unemployment in the economy, representing an ideal economic state where all willing and able workers find employment.

Economic Problem

When we have limited resources available to fulfill society’s relatively limitless wants.

Unemployment

The situation in which individuals who are capable of working and actively seeking employment are unable to find a job.